Post by
NoMiner on Mar 25, 2021 4:29pm
How Times Change
Over the last couple of years we have watched QEX position itself for success. A new Board was established – the existing tremendously strong land position was enlarged and strengthened even further – a new, up-to-date and relevant, science based technical leadership/team was established, and they systematically assessed the various regions of our lands, identifying priority targets.
The Board/Sr. Management have been very forthright with us from the start, updating us on their progress, as well as acknowledging the need, this year, for further funding to take the next big step in the process of discovery. They advised of plans to explore/drill specific targets in 3-4 of our regions, at a cost of $5-7M. They have now gone out and sourced those funds+ – we are now in position to be able to conduct our focused plans for this year.
During these times, along came Newmont’s $456M purchase of GGT – clearly this just underscores Castle’s potential value! And probably puts some urgency to the timeline.
QEX’s ability to source funds, from Skeena and Adam Lundin, demonstrates the credibility of QEX – we are now being recognized as a serious player, with serious potential, by our peers. Skeena’s participation points to the fact of our having excellent prospective targets in their region of the GT too.
There is no doubt that QEX does have bona fide multi-potential for major discoveries – and we are progressing – in a planned, systematic, and results oriented manner!
We wait and watch – for this year’s results – KSP! – Castle! – Sofia! (well my goodness!)
IMHO DYODD